ERNZ vs. CVY ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to Guggenheim Multi-Asset Income ETF (CVY)

ERNZ

TrueShares Active Yield ETF

ERNZ Description

The fund is an actively-managed ETF that seeks to deliver above-average yield relative to the broader market by purchasing a portfolio of 50 to 150 income generating securities. In pursuing its investment objective the fund also employs a secondary focus on capital preservation and the opportunity for long term growth of capital by seeking lower relative volatility compared to the broader market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.82

Average Daily Volume

10,835

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

CVY

Guggenheim Multi-Asset Income ETF

CVY Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Zacks Multi-Asset Income Index. The fund invests at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. The Zacks Multi-Asset Income Index is comprised of approximately 149 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The securities comprising the index include stocks of small and medium-sized companies.

Grade (RS Rating)

Last Trade

$26.79

Average Daily Volume

6,617

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	CVY
30 Days	-1.64%	1.63%
60 Days	-1.01%	1.35%
90 Days	1.17%	3.81%
12 Months		23.60%

16 Overlapping Holdings

Symbol	Grade	Weight in ERNZ	Weight in CVY	Overlap
ACP	A	0.61%	0.55%	0.55%
AGNC	C	0.73%	0.92%	0.73%
ASC	D	0.08%	0.2%	0.08%
CIVI	F	0.11%	0.84%	0.11%
DVN	F	0.15%	0.85%	0.15%
ECC	D	0.73%	1.0%	0.73%
KR	B	1.7%	1.09%	1.09%
MPC	C	0.19%	0.92%	0.19%
MPW	F	0.12%	1.0%	0.12%
MUR	D	1.13%	0.57%	0.57%
OHI	C	0.12%	1.07%	0.12%
OVV	B	0.37%	1.0%	0.37%
PAG	C	0.16%	0.31%	0.16%
PDI	D	0.4%	1.06%	0.4%
SAH	B	0.18%	0.33%	0.18%
STNG	D	0.26%	0.5%	0.26%

ERNZ Overweight 152 Positions Relative to CVY

Symbol	Grade	Weight
CLM	B	3.79%
TCPC	C	3.51%
FSK	A	3.48%
OXLC	B	3.31%
INSW	F	3.07%
BCC	C	3.05%
CRF	B	2.98%
GBDC	B	2.98%
TSLX	C	2.89%
WSO	A	2.69%
QYLD	A	2.44%
KRP	B	2.27%
NEP	F	1.54%
GOF	A	1.51%
ABR	C	1.36%
DHT	D	1.34%
CTRA	B	1.26%
NAT	F	1.16%
PSEC	D	1.16%
CAH	B	1.12%
HTGC	D	1.11%
ABBV	F	1.08%
FDUS	A	1.05%
HRZN	F	1.03%
SHV	A	1.01%
AVGO	D	1.0%
GNL	D	1.0%
BKLN	A	0.97%
RC	D	0.93%
CWH	C	0.91%
FANG	C	0.91%
GILD	B	0.9%
DKS	D	0.87%
CLX	A	0.87%
XMHQ	B	0.86%
AOD	D	0.78%
SPTN	F	0.77%
TRGP	A	0.76%
TFLO	A	0.74%
ARES	A	0.73%
DX	B	0.71%
USFR	A	0.54%
LRCX	F	0.51%
DAC	B	0.51%
FRO	D	0.46%
GBIL	A	0.44%
VIRT	A	0.42%
GFF	A	0.39%
BIL	A	0.39%
CCOI	B	0.39%
GSBD	F	0.36%
DDS	B	0.32%
STLD	B	0.31%
FCT	A	0.3%
COST	A	0.29%
SBR	B	0.27%
GNK	C	0.26%
CNA	C	0.26%
PMT	D	0.25%
KREF	D	0.24%
ARCH	B	0.24%
LVHI	A	0.24%
NEAR	C	0.23%
PULS	A	0.22%
RA	C	0.21%
NMFC	D	0.21%
BTI	A	0.21%
BAH	F	0.2%
BIZD	A	0.2%
UNIT	B	0.2%
SCHO	C	0.2%
WINA	B	0.18%
FLBL	A	0.18%
APAM	B	0.18%
CWEN	C	0.18%
BXMT	C	0.18%
SRLN	A	0.18%
ALB	B	0.17%
COKE	C	0.17%
BRSP	C	0.17%
RAVI	A	0.17%
GOGL	D	0.16%
ARCC	A	0.16%
VNLA	A	0.16%
LYTS	B	0.15%
BGS	F	0.15%
VRIG	A	0.15%
ETD	D	0.15%
ICSH	A	0.15%
FLTR	A	0.15%
ROL	B	0.15%
GIS	D	0.15%
MINT	A	0.14%
TSCO	D	0.14%
FLRN	A	0.13%
FTSL	A	0.13%
NEM	D	0.13%
HYGV	A	0.12%
PBI	C	0.12%
JCPB	C	0.12%
MO	A	0.12%
GOVT	D	0.12%
GFI	D	0.11%
HLI	A	0.11%
CVI	D	0.11%
USDU	A	0.11%
JMST	A	0.11%
FTSM	A	0.11%
SHY	C	0.11%
IPAR	B	0.11%
HRB	D	0.11%
AMRK	D	0.11%
HSY	F	0.1%
FHI	B	0.1%
VGLT	D	0.1%
SQM	D	0.1%
PNNT	B	0.1%
RYLD	A	0.1%
PCAR	C	0.1%
DEA	D	0.1%
UVV	B	0.09%
UTG	A	0.09%
EDV	D	0.09%
WMK	B	0.09%
KMB	C	0.09%
FLOT	A	0.09%
ZROZ	D	0.09%
JPST	A	0.09%
XYLD	A	0.09%
AGZD	A	0.08%
KOF	F	0.08%
K	A	0.08%
LGOV	C	0.08%
OLN	F	0.08%
SJNK	A	0.08%
PFE	F	0.08%
LADR	B	0.08%
CPB	D	0.08%
PEP	F	0.08%
MAIN	A	0.08%
PTEN	C	0.08%
JMBS	D	0.07%
AGZ	C	0.07%
IIPR	F	0.07%
NGG	D	0.07%
CL	D	0.07%
RDY	D	0.06%
USA	A	0.06%
PG	C	0.06%
ARI	C	0.05%
PFLT	D	0.04%
IEF	F	0.04%

ERNZ Underweight 112 Positions Relative to CVY

Symbol	Grade	Weight
BBAR	A	-1.7%
ARLP	A	-1.39%
SYF	B	-1.32%
WFC	A	-1.31%
BAC	A	-1.16%
BSM	B	-1.13%
EQH	B	-1.12%
JPM	B	-1.1%
JPC	A	-1.1%
VTRS	A	-1.08%
CF	A	-1.06%
SPG	A	-1.06%
SLG	B	-1.04%
CRBG	B	-1.04%
EOG	A	-1.03%
M	F	-1.0%
CIG	A	-1.0%
WES	C	-0.99%
VLO	C	-0.98%
MPLX	A	-0.96%
PSX	C	-0.96%
EG	C	-0.95%
ET	A	-0.93%
HAL	C	-0.93%
EXR	C	-0.91%
CVS	D	-0.91%
LAMR	D	-0.9%
PBR	C	-0.9%
BG	D	-0.89%
UNM	A	-0.88%
DINO	D	-0.88%
ADM	D	-0.87%
GLP	A	-0.84%
CIB	B	-0.83%
EWBC	A	-0.83%
TGNA	B	-0.82%
EPD	A	-0.82%
BP	F	-0.81%
UMC	F	-0.78%
APA	F	-0.78%
VOYA	B	-0.78%
R	B	-0.77%
SPH	D	-0.77%
JXN	C	-0.77%
SLM	A	-0.76%
PAA	B	-0.75%
PDO	C	-0.75%
CTRE	C	-0.74%
AXS	A	-0.74%
ONB	B	-0.72%
CNH	C	-0.71%
MGY	A	-0.7%
SEE	D	-0.68%
WGO	D	-0.67%
HP	C	-0.67%
E	F	-0.67%
NOG	A	-0.67%
SUN	C	-0.67%
BC	F	-0.66%
MTG	C	-0.66%
AVT	C	-0.64%
BPOP	C	-0.63%
PBF	D	-0.62%
T	A	-0.6%
RPRX	D	-0.59%
NSA	C	-0.57%
TTE	F	-0.54%
LEA	F	-0.54%
BBVA	D	-0.49%
DSL	C	-0.48%
XFLT	A	-0.48%
QFIN	A	-0.45%
OGN	F	-0.44%
HIW	D	-0.44%
GEL	D	-0.42%
VVR	D	-0.41%
OUT	A	-0.4%
HEES	C	-0.4%
PRDO	B	-0.39%
CATY	B	-0.39%
IBOC	B	-0.38%
CNO	B	-0.38%
HWC	B	-0.37%
BOKF	B	-0.37%
SLVM	B	-0.36%
BCH	C	-0.36%
KFY	B	-0.35%
AGRO	D	-0.35%
AKR	A	-0.35%
CMRE	B	-0.34%
LZB	B	-0.34%
RDN	D	-0.32%
OFG	B	-0.32%
FBP	B	-0.32%
GSL	F	-0.31%
NAVI	F	-0.31%
RES	D	-0.3%
OTTR	C	-0.3%
FFC	D	-0.29%
LYG	C	-0.26%
ING	D	-0.26%
BGB	A	-0.26%
DLY	A	-0.25%
EMD	C	-0.22%
NHI	D	-0.22%
BCS	A	-0.21%
ISD	C	-0.2%
ARDC	A	-0.19%
HIO	C	-0.19%
CSR	B	-0.15%
EAD	C	-0.12%
NBB	D	-0.11%